Market. He is surprised the market is not moving about 1000 points up due to the fed's morning announcement. But it may be that the congress has not got its act together to pass its bill on the fiscal stimulus. It is more important to prop up the credit markets than the stock markets. The extent that people are stuck in their homes are practicing social distancing, that is also an impediment to economic activities. It is important to put money into people's pockets so they are spending even though they are not working so the economy does not go into a real nose dive. We are seeing a lot of panic in the market. Sound businesses without too much debt are going to come back. Speculative stocks that never had profits that maybe have unsound balance sheets and not a lot to rely on, you may have a serious problem with them. You are seeing unrealistic prices here on good companies.

Borrow Funds now to increase Equity in an RRSP? He is never in favour of leverage. The last three weeks are his reason why. Some stocks fell extra quickly because shareholders had margin calls and had to sell. Buy stocks in your RRSP now that prices are down but don't borrow money to do it.

If you look at their balance sheet you see negative shareholder equity. It spent $42 Billion buying back its own stock. It was extraordinarily vulnerable for an event like this. Then there was the 737MAX issue. He thinks shareholders should be wiped out for what they did.

He thinks it is a pretty good company and the present crisis will not affect it as much as other sectors. Grain and so on will still have to be moved. It will be fine in the long term.

There is no in-restaurant service anymore. A lot of restaurants are closed now. Revenue will take a terrific hit. They are going to have to eat the lease payments. At the end of the crisis you will have the opportunity to buy into one of the premier fast food systems in the world. It will be very attractive but it depends how long this continues.

(A Top Pick Mar 26/19, Down 23%) It was up to $150 not so long ago. He still likes it and it has a very durable business model providing services which will still be in demand.

(A Top Pick Mar 26/19, Down 34%) A tremendous amount of high quality real estate. He believes the net asset value is $280-$300 a share. It is a great opportunity here. It is an illiquid stock.

(A Top Pick Mar 26/19, Down 22%) Absolutely consider buying it now. Read the letter to shareholders on their web site. This is one CEO worthy of your attention. Everybody should own this company.

V-N vs. MA-N. They are great companies and there is nothing to compare with them. They have tremendous runways of growth ahead of them. They are down because retail spending is down. It is a wonderful buying opportunity.

V-N vs. MA-N. They are great companies and there is nothing to compare with them. They have tremendous runways of growth ahead of them. They are down because retail spending is down. It is a wonderful buying opportunity.

Oil Companies. The war between Saudi Arabia and Russia may be a concerted effort to put marginal producers out of business. It is an unpredictable battle.

Oil Companies. The war between Saudi Arabia and Russia may be a concerted effort to put marginal producers out of business. It is an unpredictable battle.

If REITs are interest sensitive securities, shouldn't they be going up, rather than down? Yes, if you believe their tenants can pay the rent. It seems some think they will not be able to pay their rent – even in apartment REITs, which is absolutely dumb.